CareDx (CDNA) CEO sells 17,683 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CareDx, Inc. President and CEO John Walter Hanna Jr. reported an open-market sale of 17,683 shares of Common Stock on June 15, 2026 at a weighted average price of $24.0274 per share. The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on December 13, 2024.
After this transaction, he continues to directly hold 631,959 shares of CareDx common stock, according to the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 17,683 shares ($424,877)
Net Sell
1 txn
Insider
Hanna John Walter JR
Role
President and CEO
Sold
17,683 shs ($425K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,683 | $24.0274 | $425K |
Holdings After Transaction:
Common Stock — 631,959 shares (Direct, null)
Footnotes (1)
- The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.0309 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 17,683 shares
Weighted average sale price: $24.0274 per share
Post-transaction holdings: 631,959 shares
+1 more
4 metrics
Shares sold
17,683 shares
Open-market sale on June 15, 2026
Weighted average sale price
$24.0274 per share
Common Stock sale on June 15, 2026
Post-transaction holdings
631,959 shares
Shares directly held after the sale
Price range of sales
$24.00 to $24.0309 per share
Multiple trades during June 15, 2026 transaction
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan..."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did CareDx (CDNA) report in this Form 4?
CareDx reported that President and CEO John Walter Hanna Jr. sold 17,683 shares of Common Stock. The transaction was an open-market sale executed on June 15, 2026 at a weighted average price of $24.0274 per share.